RH: Redefining Luxury And Scaling New Heights In Global Furnishings Industry

RH: Redefining Luxury And Scaling New Heights In Global Furnishings Industry

Jason Kempin

Executive Overview

RH (NYSE:RH), formerly Restoration Hardware, is transforming from a luxury home furnishings company to a comprehensive luxury lifestyle brand. It collaboratively creates and curates high-end home furnishings displayed in expansive design galleries located in prime markets

Furniture Industry Operating Metrics Comparison

Furniture Industry Operating Metrics Comparison (Author/tikr.com)

RH Dallas

RH Dallas (rh.com)

RH Source Books

RH Source Books (Author)

RH Operating Expenses as a % of Revenue

RH Operating Expenses as a % of Revenue (Author/SEC Filings)

RH Operating Efficiency

RH Operating Efficiency (Author/SEC Filings)

CEO Gary Friedman

CEO Gary Friedman (rh.com)

Friedman’s leadership fosters a culture of relentless pursuit of excellence and innovation. He encourages learning and continuous improvement, focusing on quality over quantity and innovation over duplication. His long-term perspective allows for wise decision-making and the development of a business capable of sustaining superior returns on capital.

Friedman’s ethos of fearless innovation is embedded in RH’s DNA. The company is known for its pioneering spirit and readiness to pivot away from ventures that don’t yield desired outcomes. Despite initial skepticism, Friedman’s decision to expand square footage when the retail trend was to reduce it has proven successful.

Friedman’s relentless pursuit of quality over quantity is evident in his attention to detail, such as delaying the RH NYC Guesthouse launch until perfecting the menu. His leadership and commitment to excellence have been instrumental in RH’s success.

Compensation & Equity Ownership

RH Announces New MULTI-Year Stock Option Award for Chairman & CEO Gary Friedman

RH Announces New MULTI-Year Stock Option Award for Chairman & CEO Gary Friedman (SEC 8K)

RH Capital Management

RH Capital Management (Author/SEC Documents)

RH Retail Locations

RH Retail Locations (Author/SEC Filings)

The RH1 Charter Jet

The RH1 Charter Jet (rh.com)

RH Guesthouse NYC

RH Guesthouse NYC (rh.com)

YoY Luxury Home Sales

YoY Luxury Home Sales (Redfin.com)

RH Member Metrics

RH Member Metrics (Author/SEC Filings)